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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (15132)	7/3/2002 11:16:12 PM
From: nspolar	Respond to of 36161

Slider, as a matter of fact VTSS was one of my purchases. Just an initial position. I'm surfing (waving). Fully expect NAS averages to eventually go lower, but think a good play is in the works. We shall see. I also think your estimates for the DOW bottom are conservative, and not bearish at all. Before this is over the NAS will have been creamed to approximately 20% of its high. Thus as I see it the DOW (and S&P) should eventually take their share as well, and that share as I see it is likely to be much much lower. My strategy for the rest of the year currently revolves around a rebound here in this timeframe, and the resumption of DOW and S&P haircuts later. The NAS should get harder and harder to beat on the short side. Cash? I have lots more, thanks to gold and silver.

To: SliderOnTheBlack who wrote (15132)	7/4/2002 12:16:57 AM
From: Crimson Ghost	Read Replies (3) \| Respond to of 36161

Slider: I don't know if you have have been following Zeev lately but he has been extremely acccurate in his NAZ calls. Predicted the massacre to 1400 NAZ 2 months ago. Now calling for a rise to 1525-1550 by July 24, before the final wave down this fall. I am playing the long side here, but have just a modest position.